GOLDEN, Colo. – March 2, 2015 — Strategic Environmental & Energy Resources, Inc. (“SEER”) (OTC:SENR) announced today that MV Technologies (“MV”), a wholly owned subsidiary of SEER has been awarded a new order to supply a large capacity version of its proprietary H2SPlus™ System to a large landfill operator in the southeastern United States. The order has an initial value of $1.2 million and the system is designed to easily accommodate future site expansion.
The H2SPlus™ System, with a capacity of 5,000 standard cubic feet per minute (scfm), will serve as a critical component in the user’s program to generate a quality of landfill gas necessary for beneficial use as an alternative energy source gas and meet increasingly stringent emissions control limits. The project is expected to be operational by the Fall of 2015.
John Jenkins, President of MV said, “This marks the eighth installation in only the past 3 years of our H2SPlus™ System in a landfill gas management application. We are now providing continuous H2S removal for a total of more than 30,000 scfm across multiple sites in six states. This new order, in a demanding performance environment, once again corroborates the strong value proposition we bring to this growing market.”
Mr. Jenkins added, “Increasing our presence in the landfill gas segment of the renewable energy market is a very important part of SEER’s overall business strategy. H2SPlus™ system sales generate both project revenue on the initial transaction as well as long-term, recurring revenue from supplying our proprietary, expendable media and other additives, that we call BioActive Media™.” He added, ”According to the EPA’s Landfill Methane Outreach Program (LMOP), there are more than 550 landfill sites in the U.S. currently collecting landfill gas for emission control or beneficial use as an alternative energy source. There are more than 500 additional sites that LMOP considers qualified for energy project development. While the scope of the hydrogen sulfide challenge varies significantly from site to site, we see growing economic and regulatory pressures driving an increase in the need for our solutions, products and services.”
The U.S. Environmental Protection Agency’s Landfill Methane Outreach Program (www.epa.gov/lmop) is a voluntary assistance program that helps to reduce methane emissions from landfills by encouraging and creating incentives for the recovery and beneficial use of landfill gas as an alternative energy resource. “This program is considered to be a dynamic driver for the growing landfill gas market that, in turn, is positively impacting MV sales,” said Jenkins.
“This latest award and other orders in the landfill gas market have provided a strong start to 2015 for MV, said J. John Combs III, SEER’s Chairman and CEO. “We see this landfill gas market growing nationwide and MV’s share of that growth increasing significantly as we continue to establish our value proposition and demonstrate our superior efficiencies and performance,” said Combs.
About Strategic Environmental & Energy Resources, Inc.
Strategic Environmental & Energy Resources, Inc. (SEER) identifies, secures, and commercializes patented and proprietary environmental clean technologies in several multibillion dollar sectors (including oil & gas, renewable fuels, and all types of waste management, both solid and gaseous) for the purpose of either destroying/minimizing hazardous waste streams more safely and at lower cost than any competitive alternative, and/or processing the waste for use as a renewable fuel for the benefit of the customers and the environment. SEER has three wholly-owned operating subsidiaries: REGS, LLC; Tactical Cleaning Company, LLC; MV Technologies, LLC; and two majority-owned subsidiaries: Paragon Waste Solutions, LLC; and ReaCH4biogas (“Reach”).
For more information about the Company visit: www.seer-corp.com
Safe Harbor Statement
This press release contains “forward-looking statements” within the meaning of various provisions of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, commonly identified by such terms as “believes,” “looking ahead,” “anticipates,” “estimates,” and other terms with similar meaning. Although the company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Such forward-looking statements should not be construed as fact. Statements in this press release regarding the Company’s plans to present at the LD Micro Conference are forward-looking statements. The information contained in such statements is beyond the ability of the Company to control, and in many cases the Company cannot predict what factors would cause results to differ materially from those indicated in such statements. All forward-looking statements in the press release are expressly qualified by these cautionary statements and by reference to the underlying assumptions.
J. John Combs III
Chief Executive Officer
Peter L. Seltzberg, Managing Director